Abstract
We study C*-algebras O_{\lambda} which arise in dynamics of the interval exchange transformations and measured foliations on compact surfaces. Using Koebe-Morse coding of geodesic lines, we establish a bijection between Bratteli diagrams of such algebras and measured foliations. This approach allows us to apply K-theory of operator algebras to prove strict ergodicity criterion and Keane's conjecture for the interval exchange transformations.
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